Startup Atlas · Battery Recycling
LOHUM
Rajat Verma · Founder & CEO
Justin Lemmon · Co-founder
Gazanfar Safvi · Co-founder
$76 MnTotal funding (tracked)
3Funding rounds
18 Nov 2025Last round
LOHUM: Financial Breakdown
Figures below are FY2024, standalone basis, compiled from filings and disclosures — every year cited to its source.
Rs 529 croreTotal revenue · +71.8% YoY
Rs 28 crore profit (profits surged over 3X)Net profit · +215.3% YoY
Revenue by fiscal year
Net profit / loss by fiscal year
Bars below the line are a net loss for that year.
| Fiscal year | Revenue | Total expenses | EBITDA | Net profit / loss | Source |
|---|---|---|---|---|---|
| FY2024 | Rs 529 crore | — | — | Rs 28 crore profit (profits surged over 3X) | source |
| FY2023 | Rs 308 crore | — | — | Rs 8.88 crore profit | source |
Nothing here is blurred or gated — every figure Atlas has is shown in full, free.
Sources & corrections.
Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: businessindia.co · Last verified 18 Jul 2026. · Report a correction